The Central Bank of Iran has required licensed currency exchange bureaus to report buy/sell rates shown on their electronic boards also on a central e-platform accessible to the public.
The move is to help improve transparency of the performance of the moneychangers, said a press release seen on the website of Iran’s regulated market, officially known as Iran Currency Exchange (ICE).
Rates would be available to the public via ice.ir, the official ICE website.
Speaking at the unveiling ceremony of the central platform Monday, Ali Salehabadi, the CBI governor, said, "People will soon be able to buy foreign currency using the platform…Money will either be transferred to their accounts or can be delivered in cash," CBI's website quoted him as saying.
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